July 8, 2019
Kıvanç Tekstil produces blended fabrics catering to major European and American fashion brands and retailers
The venture will come up with innovative fabrics to meet the growing demand for high-quality eco-friendly apparels
Under its Hub Excellence Program, Reliance has partnered with global textile firms to produce eco-friendly fabrics
India is the world's 2nd largest exporter of textile and apparels with US$39.2 billion of exports during FY 2017- 18
India’s Reliance Industries and Turkish textile company, Kıvanç Tekstil, have announced a collaboration to manufacture and market sustainable fabric brand R|Elan’s GreenGold fabric. Through this, the firms aim to create eco-friendly textile solutions for leading apparel brands. While the fabric will reach consumers via brands and retailers, Kıvanç is also likely to distribute it among spinners, yarn manufactures and knitters across Turkey.
GreenGold, made from recycled PET, a polyester fabric, substantially reduces the emission of greenhouse gases. It is made from pre-dyed fibres and the manufacturing does not need much water. Additionally, 90 per cent of the water used is recycled. The venture will innovate fabrics to meet the growing demand for high-quality eco-friendly apparels. This partnership combines the manufacturing excellence of Kıvanç with Reliance’s technical expertise.
India is the world’s 2nd largest exporter of textile and apparels with US$39.2 billion textile exports recorded during FY 2017- 18. Over a hundred countries import fabrics, textiles and clothing products from India. Around 9 per cent of the world’s total consumption of technical textiles is met by India. Numerous policies have been undertaken by the Government of India to create an enabling environment for our textile industry to flourish.
The Scheme for Integrated Textile Parks and The Special Package to Boost Export of Textiles are few such examples. Meanwhile, one of the objectives under the National Textile Policy is to enable the Indian textile and garments industry to build world-class manufacturing capabilities to produce good quality cloth at reasonable prices, in conformity with environmental standards. This partnership is in sync with the national policy of the country.
Reliance is India’s largest private-sector conglomerate with a consolidated turnover of US$90 billion, as per March 2019. Meanwhile, Kıvanç produces 18 million metres of blended fabrics per annum, including polyester, cotton, linen, wool and more.